The indicator was designed to be ‘self-contained’ but I am delighted when apprentices add their own little tweaks to find momentum in addition to the PipsPredator. If it works for you – do it for sure.
Well the interesting thing about the economic impact on the stock market is every macro event can have the opposite impact.
Eg. In the UK, a falling £ meant FTSE 100 companies with overseas earnings would appear when translated into £ as more profitable than they were so the FTSE rose.
If the opposite should be true of a rising $, then the Dow should fall. But, this is why I look for trends, not to guess outcomes of fundamental macroeconomics. Because you see with Trump likely to spend a lot more, interest rates in the US are likely to rise and hence the $ rise. But if he spends more, US companies should earn more – so the Dow could rise.